Meredith is a media company. Co. is engaged in providing consumers with content and delivering the messages of its advertising and marketing partners. Co. operates two business segments: national media and local media. Co.'s national media segment includes national consumer media brands delivered via multiple media platforms including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. Co.'s local media segment consists of television stations located across the U.S. in markets with related digital and mobile media assets. According to our MDP split history records, Meredith has had 3 splits.

Meredith (MDP) has 3 splits in our MDP split history database. The first split for MDP took place on December 24, 1986. This was a 2 for 1
split, meaning for each share of MDP owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. MDP's second split took place on March 17, 1995. This was a 2 for 1
split, meaning for each share of MDP owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. MDP's third split took place on March 18, 1997. This was a 2 for 1
split, meaning for each share of MDP owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.

When a company such as Meredith splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the MDP split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Meredith shares, starting with a $10,000 purchase of MDP, presented on a split-history-adjusted basis factoring in the complete MDP split history.

Growth of $10,000.00
With Dividends Reinvested

Start date:

02/23/2009

End date:

02/21/2019

Start price/share:

$12.75

End price/share:

$56.71

Starting shares:

784.31

Ending shares:

1,149.28

Dividends reinvested/share:

$15.93

Total return:

551.75%

Average Annual Total Return:

20.62%

Starting investment:

$10,000.00

Ending investment:

$65,191.84

Years:

10.00

Growth of $10,000.00
Without Dividends Reinvested

Start date:

02/23/2009

End date:

02/21/2019

Start price/share:

$12.75

End price/share:

$56.71

Dividends collected/share:

$15.93

Total return:

469.74%

Average Annual Total Return:

19.01%

Starting investment:

$10,000.00

Ending investment:

$56,994.71

Years:

10.00

MDP Split History Table

Date

Ratio

12/24/1986

2 for 1

03/17/1995

2 for 1

03/18/1997

2 for 1

Services Stock Splits

MDP is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

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